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Thu Mar 29, 2012, 11:19 AM

Abolish 0.7% aid target

http://www.guardian.co.uk/global-development/2012/mar/29/abolish-uk-aid-target-say-peers?intcmp=122

It's been said before

http://www.global-politics.co.uk/blog/2011/07/02/achieving-aid-effectiveness/

http://ipeanddevelopment.wordpress.com/2011/02/27/0-7-0-07-7-the-lure-and-wonder-over-how-much-aid-countries-should-give/

2 replies, 857 views

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Reply Abolish 0.7% aid target (Original post)
Jeneral2885 Mar 2012 OP
T_i_B Mar 2012 #1
Jeneral2885 Apr 2012 #2

Response to Jeneral2885 (Original post)

Thu Mar 29, 2012, 12:15 PM

1. Hello Jeneral

How's things? Good to see you back!

Seen this story about Andrew Mitchell?

http://www.telegraph.co.uk/news/politics/conservative/9172731/Andrew-Mitchell-held-shares-in-company-which-avoided-millions-in-stamp-duty.html

Andrew Mitchell, the International Development Secretary, invested funds in a network of privately owned firms which is now at the centre of a tax avoidance case.

He paid money into DV3 Ltd, a subsidiary of which used a legal loophole in 2006 to avoid paying £2.6 million in stamp duty on the purchase of a commercial property in London, The Times reported.

Although the transaction was legal, HM Revenue and Customs has described it as “aggressive tax avoidance” – a practice Chancellor George Osborne has pledged to clamp down on.

Only last week in his Budget statement, Mr Osborne said: “I regard tax avoidance and, indeed, aggressive tax avoidance as incredibly repugnant.”

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Response to T_i_B (Reply #1)

Mon Apr 2, 2012, 01:39 PM

2. Yup

He's just one of thousands of Brits

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